The Strategy and Tactics of Pricing: Key Learnings
The Strategy and Tactics of Pricing: Key Learnings In the realm of management decision-making, the application of experience and consideration of multifaceted variables is integral. However, despite the importance of such skills, it remains critical to revisit fundamental concepts periodically. During strategy meetings, pricing is a prevalent and central theme of discussion, emphasizing the necessity for […]
From Order To Chaos: The Logistic Map
From Order To Chaos: The Logistic Map Chaos theory is a mathematical discipline that has its foundations in the exploration of intricate and dynamic systems. The emergence of chaos theory can be attributed to the contributions of renowned mathematicians, such as Henri Poincaré, during the late 19th and early 20th centuries. These scholars delved into […]
Balance In Proportionality: The Fibonacci Sequence
Balance In Proportionality: The Fibonacci Sequence In pricing, proportionality can be achieved by setting prices that reflect the perceived value of the product or service. This may involve setting different prices for different versions of the same product or for different levels of service or customization. Proportionality can also be achieved by setting prices that […]
